There is NO short interest on LODE. Check it out. First time I have ever seen this. Even stocks at pennies have short interest. Maybe they think it is ready to ride up.
I predict at earnings they will have none because of no mining but will tell everyone that they are ready to produce underground. That is what everyone is waiting to hear.
Correct , that's why they have no revenues pretty much anymore. they have gone underground but that will take time until they finish all the analysis. then they will actually starting mining. Who knows when..Obviously they felt they couldn't be profitable with gold prices they were doing surface mirning. Underground should be more profitable
Not many people posting any more on this board. I under stand people like me still posting because we still own this stock, but what is the reason you are on this board 24 hours day posting, not just periodically. Are you a disgruntled ex employee, disgruntled ex shareholder, or paid basher? Has to be one of those. Which one is it if you don't mind me asking. Just curious. You can't be wasting your time on this board constantly for no reason.
I don't think it was a bad conference call. They have a plan. They should be able to start producing gold the 2nd half of the year. I think with the drop in price of gold they had to change their plans and underground was the way to go. Unfortunately it sucks as a shareholder, but if they stayed the route they were going , they would not have been profitable enough if gold prices kept falling
Friday 11/6 Insider Buying Report: LODE, CYH
Friday, November 6, 10:31 AM ET
Launch related slideshow:
10 Bargains You Can Buy Cheaper
Than The Insiders Did »
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
At Comstock Mining (AMEX:LODE), a filing with the SEC revealed that on Wednesday, Director Robert C. Kopple bought 1,948,954 shares of LODE, for a cost of $0.59 each, for a total investment of $1.15M. Bargain hunters have the opportunity to bag LODE at a price even lower than Kopple did, with shares trading as low as $0.55 in trading on Friday which is 7.6% under Kopple's purchase price. Comstock Mining is trading trading flat on the day Friday. This purchase marks the first one filed by Kopple in the past twelve months.